Create Many to One Transfer
Use the Create Many to One Transfer page to define instructions to transfer funds from multiple accounts to one account.
This page contains two sections which you need to complete in order to define the transfer information:
- Transfer Information
- Transfer From
Transfer Information
This section provides the information about the account to which funds will be transferred, as well as the date, frequency of the transfer and other options.
- Transfer Type
Displays the Many to One transfer type
- Transfer To
The account to transfer funds to
- Date
The transfer date
Note: If the defined date is a non-processing date or if it is past cut-off time for daily processing, the date is changed to the next available processing date.- Options
Additional instructions to include with the transfer
Note: Options displayed are based on configuration settings.- Save as template
This option saves the completed transfer instructions as a template, which is useful if you regularly make the same type of transfer. If you select this option and click Continue, a page appears where you can define template details.
- Add memo information
A text box appears where you can enter information to be stored with the transfer instructions.
- Save as template
Transfer From
Use this section to select the account from which funds are to be withdrawn and define the amount to withdraw from each account.
After you have defined the Transfer To account, in the Transfer Information section, the Select Accounts button in the Transfer From section is enabled. For details, see Selecting Accounts.
After you select accounts, account information appears. If you have selected more than 10 accounts, you can use the Items per page field to indicate how many accounts to display on one page.
| Column | Description |
|---|---|
| Select Accounts button | To populate this section with accounts, click this button. The Accounts List window pops up. |
| Account Name | Displays the associated account name |
| Account Number | Displays the associated account number |
| Currency | Displays the currency of the selected account If any Transfer To or Transfer From accounts have different currencies, this field includes each different currency. |
| Amount | The transfer amount specific to this account |
Remove  |
Removes the account from the transfer instruction |
To start the transfer creation process, click Continue. The Preview Many to One Transfer page appears.
